HomeMy WebLinkAbout08-20-04 Redevelopment Commission Minutesi
A
G
SOUTH BEND REDEVELOPMENT COMMISSION
REGULAR MEETING
August 20, 2004
10:00 a.m.
Presiding: Marcia I. Jones, President
1. ROLL CALL
Members Present:
Members Absent:
Legal Counsel:
227 West Jefferson Boulevard
South Bend, Indiana
Ms. Marcia Jones, President
Mr. Philip J. Faccenda, Vice President
Mr. Matt Kahn, Secretary
Mr. Robert W. Hunt
Mr. Hardie Blake, Jr.
Ms. Cheryl Greene, Esq.
Redevelopment Staff. Mr. Don Inks, Director
Ms. Cheryl Phipps, Recording Secretary
Mr. Bill Schalliol, Economic Development Specialist
Mr. Robert Mathia, Economic Development Specialist
Mr. Tim Williams, Economic Development Specialist
Mr. Andy Laurent, Economic Development Specialist
Ms. Jennifer Hughes, Economic Development Specialist
Others Present: Ms. Pam Paluszewski, Legal Dept.
Mr. Randy Rompola, Baker & Daniels
Ms. Leslie Callahan, Baker & Daniels
Mr. John Strauss, SBCSC
Mr. Abe Marcus, L &S Investments, Inc.
Mr. Steve Katz, Kay Equipment & Supply
Ms. Beth Leonard
2. APPROVAL OF MINUTES
A. Approval of Minutes of the Regular
Meeting of Friday, August 6, 2004.
Upon a motion by Mr. Faccenda, seconded by
Mr. Kahn and unanimously carried, the
Commission approved the Minutes of the
Regular Meeting of Friday, August 6, 2004.
THERE WERE NO MINUTES FOR APPROVAL.
COMMISSION APPROVED THE MINUTES OF THE
REGULAR MEETING OF FRIDAY, AUGUST 6, 2004.
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
3. APPROVAL OF CLAIMS
Redevelopment Commission Claims submitted August 20, 2004 for approval.
324 FUND — AIRPORT
CFH Landscape Services $ 975.00
414 SAMPLE -EWING DEVELOPMENT AERA
Danch, Harper & Associates, Inc. 16,125.00
Plews Shadley Racher & Braun 3,104.16
Schopf & Weiss 207.20
DFH Landscape Services 2102.50
420 SOUTH BEND CENTRAL DEVELOPMENT AREA
CB Richard Ellis
6,889.25
CFH Landscape Services
295.00
City of South Bend
1,609.49
Stuard & Associates
1,500.00
NIPSCO
6.07
Rose Exterminator Company
80.00
Business Districts, Inc.
1,147.50
South Bend Water Works
831.48
American Electric Power
344.68
Lehman & Lehman
2,196.56
422 WEST WASHINGTON CHAPIN DEVELOPMENT AREA
R. E. Pitts & Associates 3,250.00
Jerome E. Michaels, MAI 3,500.00
FUND 424
Mikolajewski & Associates, Inc. 465.78
South Bend Tribune 101.84
Tri- County News 67.46
FUND 428 AIRPORT 2003 BOND
Meridian Title Corporation 17,050.23
$ 61,849.20
Upon a motion by Mr. Hunt, seconded by Mr. Faccenda COMMISSION APPROVED THE CLAIMS
and unanimously carried, the Commission approved the SUBMITTED AUGUST 20, 2004, AND ORDERED
THE CHECKS TO BE RELEASED
;° 2
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
Claims submitted August 20, 2004, and ordered checks
to be released
4. COMMUNICATIONS
There were no Communications.
5. OLD BUSINESS
There was no Old Business
6. NEW BUSINESS
A. Tax Abatements
B. Housing
(1) Commission approval requested for Loan
and Grant in connection with the South
Bend Home Improvement Loan Program
for property located at 316 S. Scholum
Street. (Mary Ann Roberts)
Mr. Inks noted that the amount of the loan is
$6,250.00. The amount of the grant is
$7,500.
Upon a motion by Mr. Faccenda, seconded
by Mr. Kahn and unanimously carried, the
Commission approved the Loan and Grant
Grant in connection with the South Bend
Home Improvement Loan Program for
property located at 316 S. Scholum Street.
(Mary Ann Roberts)
C. South Bend Central Development Area
(1) Commission approval requested for
approval of Proposal submitted by ADG
for Consulting Services in the South Bend
Central Development Area. (Rink
Riverside Building)
G3
THERE WERE NO COMMUNICATIONS.
THERE WAS NO OLD BUSINESS
COMMISSION APPROVED THE LOAN AND GRANT
GRANT IN CONNECTION WITH THE SOUTH BEND
HOME IMPROVEMENT LOAN PROGRAM FOR
PROPERTY LOCATED AT 316 S. SCHOLUM
STREET. (MARY ANN ROBERTS)
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
Mr. Mathia noted that on July 30, the
Redevelopment Commission acquired the
former Rink Riverside building and associated
property located at 209 East Colfax. In
response to questions concerning the use of the
property, including whether the building
should be demolished, staff requests additional
input. To assist staff and the Commission in
making a decision concerning the use of this
property, Architecture Design Group (ADG)
has submitted a letter proposal to examine the
building. The proposed purpose of ADG's
examination will be to determine: (1) whether
the building is worth preserving for renovation;
and (2) if the building is worth preserving,
what would be its best use. ADG will provide
an executive summary outlining the condition
of the building with estimates of probable
construction costs for renovation. The
proposed fee for this scope of services is
$9,000.
Staff recommends approving the proposal
submitted by ADG and further requests
approval of funding up to $10,500 to cover
reimbursable expenses. ADG developed the
designs for the recent Chocolate Cafe addition
and the adjacent plaza. Both designs have
been well received. The firm demonstrated a
sensitivity for historic buildings and their
surrounding environment in the two designs.
The firm also demonstrated an excellent
imaginative ability in its conceptual drawings
for the De Rue Court shopping plaza. That
concept is now being seriously considered for
incorporation into any parking garage that may
be constructed to replace the one that was
demolished earlier this year.
Upon a motion by Mr. Kahn, seconded by Mr.
Hunt and unanimously carried the Commission
c 4
COMMISSION APPROVED THE PROPOSAL
SUBMITTED BY ARCHITECTURAL DESIGN GROUP
FOR PROFESSIONAL SERVICES IN THE SOUTH
Redevelopment Commission Meeting
%wiRegular Meeting — August 20, 2004
approved the proposal submitted by
Architectural Design Group for professional
services in the South Bend Central
Development Area as submitted and approved
payment of fees to adg for the scope of
services and fee proposed.
(2) Commission authorization requested from
Downtown South Bend, Inc. to use
property at Hill and Colfax Streets on
September 9, 2004 in connection with Art
Beat.
Mr. Mathia noted that Downtown South
Bend has requested permission to use
Commission property located at the corner of
Hill and Colfax Streets for the upcoming Art
Beat event. This property was previously
owned by the Bryants and recently acquired
IL by the Commission. DTSB requests use of
the property for artists and musicians
participating in Art Beat. No food or alcohol
will be served at the location. Art Beat runs
from 4:00 p.m. to 9:30 p.m. Additional time
in the early afternoon and late evening may
be required for setting up displays and taking
them down. The event will contribute to
improving the vitality of the downtown
which is a major objective of the
Commission. DTSB has submitted a
certificate of insurance indemnifying the city.
Ms. Greene noted that the City of South
Bend is named an additional insured on the
certificate of insurance, but the
Redevelopment Commission is not. She
asked Mr. Mathis to have DTSB add the
Commission as an additional named insured.
Mr. Kahn declared a potential conflict of
interest based on his position as chair of
c
BEND CENTRAL DEVELOPMENT AREA AS
SUBMITTED AND APPROVED PAYMENT OF FEES
TO ADG FOR THE SCOPE OF SERVICES AND FEE
PROPOSED.
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
DTSB and recused himself from any vote.
Upon a motion by Mr. Hunt, seconded by
Mr. Faccenda and unanimously carried, the
Commission authorized use of the property at
Hill and Colfax Streets by Downtown South
Bend, Inc. on September 9, 2004 for the Art
Beat event, contingent upon providing proof
of the Commissions indemnification. Mr.
Kahn abstained
(3) Commission approval requested for
Agreement between the South Bend
Community School Corporation and the
South Bend Redevelopment Commission
related to the School Administration
Relocation Project.
Ms. Greene noted that after many months of
discussion the parties have come to
agreement on the issues related to this
project. The overall project will relocate the
South Bend School Corporation from the
School Corporation's current administrative
offices at 635 S. Main Street to the Century
Building located on the corner of 215 S. St.
Joseph Street. Century Building is currently
owned by United Realty Companies and has
been subject to a bankruptcy proceeding,
primarily due to outstanding back taxes.
The Commission will facilitate the South
Bend School Corporation Relocation Project
by helping to assemble the site. This will
involve, in part, taking temporary ownership
of the Century Building in order to petition
for a waiver of taxes through the Indiana
Board of Tax Review pursuant to 1. C. 6-1.1 -
36-7(a). The Commission and the School
Corporation would be the primary recipients
of the taxes sought to be waived.
Ms. Greene noted that there are two
6
COMMISSION AUTHORIZED THE USE OF THE
PROPERTY AT HILL AND COLFAX STREETS BY
DOWNTOWN SOUTH BEND, INC. ON SEPTEMBER
9 FOR THE ART BEAT EVENT, CONTINGENT UPON
PROVIDING PROOF OF THE COMMISSIONS
INDEMNIFICATION AND A REVISION TO THE
CERTIFICAT E OF INSURANCE NAMING THE
COMMISSION AS AN ADDITIONAL CO- INSURED.
Redevelopment Commission Meeting
ILI Regular Meeting — August 20, 2004
agreements before the Commission for its
approval. Item 6.C.(4) contemplates
acquisition of the Century Building from
United Realty. Item 6.C.(3) relates to the
agreement between the School Corporation
and the Commission detailing the parties'
commitments related to the School
Corporation Relocation Project.
Ms. Greene noted that the agreement to take
ownership of the Administration Building on
South Main Street was the result of many
months of negotiations and a determination
that the public sector's role is often to step in
where the private market fails. The
Administration Building is an instance where
the private sector, thus far, has not been able
to step forward and find any use for the
property. There are also historic issues with
the building, having been the offices of the
former Studebaker Corporation.
Mr. Hunt stated that in his recollection of the
plan for the long range development of the
Studebaker Corridor, the Administration
Building was that the Administration
Building on South Main Street was the last
building to be tackled. Mr. Laurent
respectfully corrected Mr. Hunt to remind
him that Mr. Marcus' building located along
the railroad tracks was targeted as the last
and that the Administration Building had not
been addressed in the overall redevelopment
strategy.
Mr. Hunt noted that the long range holding of
the current Administration Building by the
Commission is not to the Commission's
benefit. He requested that staff provide
monthly updates concerning any progress
toward disposing of the Administration
Building and holding costs incurred as a
IL
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
consequence.
Mr. Hunt noted that the Commission has
spent a lot of money in the Studebaker
Corridor mothballing and demolishing
buildings. An historic building such as the
Administration Building will be more
problematic. He asked that the record note
his request that staff to actively pursue reuse
or demolition of the Administration Building.
Ms. Greene noted that the agreement
between the School Corporation and the
Commission provides for the possibility that
the Commission assign its rights in the
Administration Building to a third entity.
Staff is in discussions with Historic
Landmarks Foundation about its interest in it.
Staff is also looking for other organizations
who may be interested. The hope is that the
Commission's holding of the Administration
Building will be temporary.
Ms. Greene noted that the positive side of the
project is that the School Corporation will be
locating in the central business district of
downtown South Bend, bringing 150 jobs to
the downtown area and making substantial
investment in the Century Building.
Mr. Strauss, Facilities Manager for the
School Corporation, expressed excitement
about relocating to the Century Building. He
expressed appreciation for the support the
City has given throughout the negotiation
process.
Ms. Greene also noted that the School
Corporation assisted the City in assembling
the site for the A.J. Wright project. A parcel
of property was received from the School
Corporation as part of the TJX site for which
L8
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
the Commission has an outstanding
obligation for compensation. The Agreement
before the Commission provides that in lieu
of a payment of funds due to the School
Corporation for that property, the
Commission will provide the School
Corporation with credit toward parking in the
Wayne Street Garage. The details of that
arrangement still need to be worked out to
satisfy the State Board of Accounts.
Approval of the two agenda items before the
Commission should be subject to final
confirmation from legal counsel as to the
mechanics of that portion of the transaction.
Ms. Jones asked Ms. Greene to explain the
intent of each of the documents. Ms. Greene
noted that item 6.C.(4) is the purchase and
sale agreement with the current owner of the
Century Building which includes the terms
and conditions for acquisition of that
property. The purchase agreement is
assignable to the School Corporation or to an
entity to be designated.
Item 6.C.(3) is an agreement between the
Commission and School Corporation as to
how the overall relocation project will be
completed and spells out the respective
obligations of the School Corporation and the
Commission in accomplishing the Relocation
Project.
Ms. Jones indicated that she also would like
to go on record as being extremely concerned
about the carrying charges of the
Administration Building. She would like to
see a history of utility and maintenance costs
for the Administration Building. She's very
uncomfortable with the decision to acquire it
without knowing the costs, especially with
the looming historic preservation issue. She
G
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
expressed further concern that the
Commission could be carrying that building
forever. If there was an adaptive reuse,
someone would have been all over it by now.
She loves the prospect of the School
Corporation relocating into the downtown
and all of the improvements planned for the
Century Building and wants to support it.
However, she further stated that the City has
limited funds.
Ms. Greene indicated that she believed the
School Corporation might be willing to share
the utility and maintenance costs with the
Commission, but cautioned that the actual
costs would be different for an unoccupied
building. Mr. Strauss indicated that he may
be able to provide the requested information.
Upon a motion by Mr. Kahn and seconded by
Mr. Faccenda, the Commission approved the
Agreement between the South Bend
Community School Corporation and the
South Bend Redevelopment Commission
related to the School Administration
Relocation Project. Ms. Jones voted against
the motion.
(4) Commission approval requested for Real
Estate Purchase and Sale Agreement with
United Realty Companies, LLC. (School
Administration Relocation Project)
Upon a motion by Mr. Kahn and seconded by
Mr. Faccenda, the Commission approved the
Real Estate Purchase and Sale Agreement
with United Realty Companies, LLC.
(School Administration Relocation Project).
Ms. Jones voted against the motion.
D. Sample -Ewing Development Area
IL 10
COMMISSION APPROVED THE AGREEMENT
BETWEEN THE SOUTH BEND COMMUNITY
SCHOOL CORPORATION AND THE SOUTH BEND
REDEVELOPMENT COMMISSION RELATED TO THE
SCHOOL ADMINISTRATION RELOCATION
PROJECT
UPON A MOTION BY MR. KAHN AND SECONDED
BY MR. FACCENDA, THE COMMISSION
APPROVED THE REAL ESTATE PURCHASE AND
SALE AGREEMENT WITH UNITED REALTY
COMPANIES, LLC. (SCHOOL ADMINISTRATION
RELOCATION PROJECT)
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
(1) Staff report on disposition of property in
the Sample -Ewing Development Area (Lot
#7, Oliver Industrial Park).
Mr. Laurent noted that the Commission has
received the first non -bid proposal for
development of a site in the Oliver Industrial
Park. The proposal is from L & S
Investments, LLC for Lot #7. Lot #7 is a
4.2 -acre site. The proposed purchase price is
$96,600 which matches the Commission's
asking price. L & S Investments will
develop an industrial facility for three
businesses, two of which are located in
Michiana; the other business is located in
California. The Michiana businesses are Kay
Equipment and Supply, Inc. located on Hill
Street, which is a regional supplier of laundry
and cleaning supplies and Kay Industries, an
international company in Plymouth dealing
in phase converters. Thermo Steam Systems
Inc. is the California business with a national
market in boilers. All companies have a
common ownership.
Mr. Laurent noted that the proposed facility
is 35,000- 40,000 sft. 5,000 sft of that will be
for office use, the remaining for industrial.
Construction costs for the project are
estimated at $1,800,000, equipment costs are
estimated at $300,000 and additional capital
at $350,0004400,000, for a total private
investment of approximately $2,500,000.
In the proposal the development is made
contingent on the sale of the Hill Street
property. It is the City's desire to remove
industrial uses from the Northeast
Neighborhood Development Area. Ms.
Hughes and Mr. Laurent have been working
with Mr. Katz to facilitate acquisition of his
Hill Street property by the City. The project
11
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
is projected to create 30 -40 jobs, including
all three companies. Staff recommends they
continue working with Mr. Katz to negotiate
a Contract for Sale of Land. This proposal
directly matches the goals of the Studebaker
Oliver Plow Works development strategy,
given the industrial use, the size of the
building, and the development plan for the
project which allows for doubling the square
footage of the building, ensuring that the
business can remain in South Bend long
term.
Mr. Katz displayed the conceptual site plan
for the building. He noted that for a number
of years Kay Equipment and Supply, which
was started in South Bend in 1946, has
occupied a space in the 600 block of N. Hill
Street. Because of the nature of the
neighborhood, its topography and zoning
issues, it has been unable to acquire
additional property for the purposes of
growth. This has led to developing sites
outside the City of South Bend, including a
site in California. They have made several
attempts to have a new building designed for
the Hill Street property, but they would need
to acquire additional property from owners
who were holding on to their property
waiting for St. Joseph Medical Center to
need them and pay a premium price. So the
Hill Street property has been an impediment
to growth for the company. Rose Fuel's
move to the Oliver Industrial Park inspired
Kay Equipment to think of doing the same.
Mr. Katz explained that their proposal for the
Oliver Lot #7 is to build a building that
would house all three of their companies
under one roof. The light manufacturing jobs
from Los Angeles and Plymouth would be
brought to South Bend. The jobs pay about
12
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
$12 -16 per hour. The $750,000 of product
that is purchased in southern California
would also be purchased locally.
The Panzica Group is the architect working
with Kay Equipment for design of the
building. Every effort is being made to hide
truck docks and other working areas from
view. The triangle area at the back of the
property has been difficult to work with for
truck traffic and the proposal may ask for
additional land. The building design would
meet the Oliver design standards with brick
front and sides, etc.
Mr. Katz noted that this project would allow
Kay Equipment to continue its business in
South Bend which was started in 1946 and
would remove the impediments to growth
that have limited the company recently.
ILMs. Jones asked if Mr. Katz intended to close
the Plymouth and Los Angeles plants. Mr.
Katz responded that he has already sold the
Los Angeles property that is currently
occupied by Thermo Steam systems. He
intends to move that operation to one of Mr.
Marcus' buildings in 4 -6 weeks. Several
employees will be moving to the South Bend
area from Los Angeles, but other jobs will be
available to area residents. The Plymouth
operation will be moved to South Bend also,
although the current employees will probably
remain with the company. Whatever jobs
will need to be filled, the South Bend
workforce can supply.
The Commission expressed its enthusiasm
for the concepts presented. No action was
required by the Commission at this time.
Staff will continue to work with the
developer to refine the proposal.
13
STAFF WILL CONTINUE TO WORK WITH THE
DEVELOPER TO REFINE THE PROPOSAL.
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
E. Airport Economic Development Area
(1) Commission approval requested for
Resolution No. 2082 related to acquisition
of property in the Airport Economic
Development Area.
Ms. Hughes noted that Resolution No. 2082
sets the fair market value for 24 parcels
owned by 14 different property owners in the
Airport Economic Development Area. The
fair market value was established based on
the average of two appraisals. The properties
are proposed to be acquired in furtherance of
the development area plan, in particular to
facilitate the growth and expansion of the
Bosch corporate facility. Commission
approval of this resolution will allow staff to
send written purchase offers to the owners
based on the voluntary acquisition policies.
Ms. Greene noted that the Commission does
not have the power of eminent domain in an
economic development area. Acquisition of
property is governed by I.C. 36.7.14 -19
which requires adoption of a listing of
properties to be acquired and the price to be
offered for each. The offering price that the
Commission may make cannot initially
exceed the average of the two appraisals.
Upon a motion by Mr. Hunt, seconded by
Mr. Kahn and unanimously carried, the
Commission approved Resolution No. 2082
related to acquisition of property in the
Airport Economic Development Area.
(2) Commission approval requested for
Resolution No. 2085 approving the
granting of certain easements to Indiana
& Michigan Power Company related to
14
COMMISSION APPROVED RESOLUTION NO. 2082
RELATED TO ACQUISITION OF PROPERTY IN THE
AIRPORT ECONOMIC DEVELOPMENT AREA.
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
infrastructure improvements in the
Airport Economic Development Area.
Ms. Hughes noted that Resolution No. 2085
pertains to the transfer of easement rights on
two small Commission -owned properties on
Olive Road to Indiana Michigan Power
Company. This is related to ongoing
infrastructure improvements in the
development area and in furtherance of the
development area plan. Olive Road is
currently being widened to facilitate a safer
and more efficient flow of traffic. Easements
are necessary at this point so that power lines
can be moved from above ground to below
ground to go under the toll road.
Upon a motion by Mr. Kahn, seconded by
Mr. Hunt and unanimously carried, the
Commission approved Resolution No. 2085
approving the granting of certain easements
to Indiana & Michigan Power Company
related to infrastructure improvements in the
Airport Economic Development Area.
F. South Bend Medical Services District
G. West Washington- Chapin Development Area
(1) Staff report on acquisition of property in
the West Washington- Chapin
Development Area. (Basic Machine)
Mr. Williams noted that staff made an offer
of $115,000 for the Basic Machine property.
James McCune has made a counter offer of
$125,000 which is equivalent to the higher of
the two appraisals. Staff recommends
accepting the counter offer.
Upon a motion by Mr. Hunt, seconded by
Mr. Kahn and unanimously carried, the
15
COMMISSION APPROVED RESOLUTION NO. 2085
APPROVING THE GRANTING OF CERTAIN
EASEMENTS TO INDIANA & MICHIGAN POWER
COMPANY RELATED TO INFRASTRUCTURE
IMPROVEMENTS IN THE AIRPORT ECONOMIC
DEVELOPMENT AREA.
COMMISSION ACCEPTED THE COUNTER OFFER OF
$125,000 FOR THE BASIC MACHINE PROPERTY.
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
Commission accepted the counter offer of
$125,000 for the Basic Machine property.
(2) Commission approval requested for
Resolution No. 2086 setting the fair reuse
value of property in the West Washington -
Chapin Development Area (Oil Express,
1510 -1520 W. Washington)
Mr. Williams noted Resolution No. 2086 sets
the fair market value for 1510 -1520 W.
Washington St. at $119,000. Approval
authorizes staff to send a purchase offer for
that amount.
Mr. Hunt noted that the resolution number
printed on the resolution in the packet is in
error. The correct number is Resolution No.
2086 and should be so indicated.
Upon a motion by Mr. Kahn, seconded by
Mr. Faccenda and unanimously carried, the
Commission approved Resolution No. 2086
setting the fair reuse value of property in the
West Washington- Chapin Development Area
(Oil Express, 1510 -1520 W. Washington)
H. South Side Development Area
(1) Commission approval requested for
Resolution No. 2087 pledging certain tax
increment revenues to the payment of the
City of South Bend, Indiana, Taxable
Economic Development Revenue Bonds,
Series 2004 (Erskine Commons Project)
Mr. Rompola noted that Resolution No. 2087
is in tandem with the previously approved
resolutions authorizing TIF revenue bonds
for the Erskine Commons project. In
addition to the TIF revenue bonds, there's
also a component to the financing which
16
COMMISSION APPROVED RESOLUTION NO. 2086
SETTING THE FAIR REUSE VALUE OF PROPERTY IN
THE WEST WASHINGTON- CHAPIN
DEVELOPMENT AREA (OIL EXPRESS, 1510 -1520
W. WASHINGTON)
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
would be Economic Development
Commission (EDC) bonds. The EDC may
authorize the issuance of bonds by the City
which will be loaned to Anchor South Bend
LLC, the developer of the Erskine Commons
project. Originally bonds like this were to be
paid entirely by the developer, with no
obligation to a city. Increasingly, however,
developers have requested that cities use TIF
revenues generated by the project to help pay
off the bonds. So the expectation is that the
first TIF generated would be used to pay the
City's TIF revenue bonds. Remaining TIF
would be used to repay the EDC bonds. This
would be in lieu of tax abatement which
could be granted to such a project.
The Commission's job is to pledge TIF
revenues to payment of the EDC bond. The
EDC will approve the bond at its meeting
later today. The Common Council must
approve the EDC's action by its own
ordinance.
Ms. Greene noted Mr. Rompola's
extraordinary responsiveness in providing
many documents needed for these actions in
a short period of time.
Upon a motion by Mr. Faccenda, seconded
by Mr. Kahn and unanimously carried, the
Commission approved Resolution No. 2087
pledging certain tax increment revenues to
the payment of the City of South Bend,
Indiana, Taxable Economic Development
Revenue Bonds, Series 2004 (Erskine
Commons Project
I. Northeast Neighborhood Development Area
J. Other
17
COMMISSION APPROVED RESOLUTION NO. 2087
PLEDGING CERTAIN TAX INCREMENT REVENUES
TO THE PAYMENT OF THE CITY OF SOUTH BEND,
INDIANA, TAXABLE ECONOMIC DEVELOPMENT
REVENUE BONDS, SERIES 2004 (ERSKINE
COMMONS PROJECT
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
(1) Commission approval requested for
Resolution No. 2083 commemorating the
contributions of the late Jon R. Hunt on
the Occasion of the Dedication of the "Jon
R. Hunt Plaza."
Mr. Inks read Resolution No. 2083 into the
record.
RESOLUTION OF THE SOUTH BEND
REDEVELOPMENT COMMISSION
COMMEMORATING THE
CONTRIBUTIONS OF THE LATE JON
R. HUNT,
ON THE OCCASION OF THE
DEDICATION OF THE "JON R. HUNT
PLAZA "
WHEREAS, the South Bend Redevelopment
Commission ("Commission 9 is the governing
body of the City of South Bend Department of
Redevelopment; and
WHEREAS, Jon R. Hunt served as Director
of the City of South Bend's Department of
Community and Economic Development from
1982 until his death on February 22, 2003;
and
WHEREAS, Jon dedicated himself in service
to the community since commencing his
career with the City in 1975, first as a
Planner in Community Development, then as
the Mayor's Administrative Assistant under
former - Mayor, Roger O. Parent and finally
as Director for the Department of
Community and Economic Development; and
WHEREAS, Jon was instrumental in
implementing hundreds of projects to the
benefit of the community, including, but not
IL 18
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
limited to the following: Airport Economic
Development Area, AM General
Headquarters, American Home Dreams,
Blackthorn infrastructure, Blackthorn Golf
Course, Blue Heron, Bosch Expansion
Project, Boys and Girls Club, Business
Development Corporation, Central High
School, Charles Martin Center, City Plan,
City Housing Strategy, Colfax School
Renovation, n/kla Colfax Cultural Center,
College Football Hall of Fame, Commerce
Center, Commercial CorridorProgram -
South Gateway, L WW, Western, Portage,
Miami, Coveleski Stadium, CREED, Crowe
Chizek Expansion, Design Packaging,
Dunbar Corners, East Race Waterway, East
Bank Development Area, Economic
Development Professionals Network,
Emporium, Environmental Health Labs,
Ethanol Plant, Expansion of Riverwalk
system, Frederick Juvenile Justice Center,
Fredrickson Park, Heartland, Housing
Development Corporation, Ivy Tech State
College, Leighton Plaza, Macri' , Madison
Center, Main /Jefferson Project, McGladrey
Building, Memorial Hospital, Model Blocks,
Monroe Industrial Park, Monroe Park
Apartments, Monroe Park Development
Area, Morris Performing Arts Center and
Palais Royale, Neighborhood Plans,
Neighborhood Partnership Centers,
Neighborhood Housing Services, New
Housing Construction - Near West Side,
Southeast, Rum Village, NRTS, NSPT, Oliver
Plow Works, Omniplex (former Drewry'
brewery), One Michiana Square, reopening
of Michigan Street to traffic, returning
Jefferson, Washington and Wayne Streets to
two way traffic, Robertson's Apartments,
Rum Village Industrial Park, Sample Ewing
Development Area, South Bend Central
Development Area, South Bend Chocolate,
19
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
St. Joseph County Jail, State Theater,
Stephenson Mill Apartments, STIF,
Studebaker Museum, Studebaker /Oliver
Redevelopment Strategy, Studebaker
Corridor - Transwestern, Avanti, Standard
Surplus, Studebaker Parts, Teacher Credit
Union, Tech Data, TIF, Tire Rack, TJX
Distribution Center, Urban Enterprise
Zone /Urban Enterprise Association, West
Washington Chapin Revitalization, West
Washington Homes, YWCA.
WHEREAS, Jon loved the challenge of `hot
a simple project "and finding a `5vin /win "
outcome whenever possible nearly as much
as he loved baseball (the Cubs) and lawyer
jokes and the music that filled his office; and
WHEREAS, Jon dedicated himself to
making South Bend a better place to live and
work.
NOW, THEREFORE, BE IT RESOL VED
by the South Bend Redevelopment
Commission that:
1. The Commission hereby publicly
commemorates the late Jon R. Hunt for his
many contributions and services to the City
of South Bend.
2. The Commission hereby endorses and
supports the South Bend Redevelopment
Authority 's determination to rename and
rededicate the Morris Civic Plaza as the `Jon
R. Hunt Plaza "in honor of Jon and in tribute
to his memory and his many valuable
contributions to community.
3. This Resolution shall be in full force
and effect upon its adoption.
20
C1
Redevelopment Commission Meeting
Regular Meeting — August 20, 2004
ADOPTED at a meeting of the South Bend
Redevelopment Commission held on August
20, 2004, at 1308 County -City Building, 227
West Jefferson Boulevard, South Bend,
Indiana 46601.
Upon a motion by Mr. Hunt, seconded by
Mr. Kahn and unanimously carried, the
Commission approved Resolution No. 2083
commemorating the contributions of the late
Jon R. Hunt on the Occasion of the
Dedication of the "Jon R. Hunt Plaza."
7. Progress Reports
Ms. Greene noted that the Commission is invited to the
dedication of the Jon R. Hunt Plaza on September 3,
2004 at 12:00 noon.
8. Next Commission Meeting
The next meeting of the Redevelopment Commission is
scheduled for Friday, September 3, 2004 at 10:00 a.m.
9. Adjournment
There being no further business to come before the
Redevelopment Commission, Mr. Kahn made a motion
that the meeting be adjourned. Mr. Hunt seconded the
motion and the meeting was adjourned at 11:00 a.m.
G �Z�
Donald E. Inks, Director
21
COMMISSION APPROVED RESOLUTION NO. 2083
COMMEMORATING THE CONTRIBUTIONS OF THE
LATE JON R. HUNT ON THE OCCASION OF THE
DEDICATION OF THE "JON R. HUNT PLAZA."
PROGRESS REPORTS
NEXT COMMISSION MEETING
ADJOURNMENT
P40si44t__
Philip J. Faccenda, Vice President